Is there any entrance exam for ICWA? I am a 33 years old B.Com graduate working in accounting sector.

424 Views|Posted 8 years ago
1 Answer
astha singh
8 years ago
Hi Shubhangi! The Institute of Cost Accountants of India previously known as The Institute of Cost and Works Accountants (ICWAI) is an exam conducting body recognised by the Government of India, and registered under the Companies Act. In 1959, the institute was set up with an objective of promoting

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CA is usually considered tougher than CMA if we consider the volume of syllabus and study. Also, the pass rate for CA exam is lower than that for CMA exam.

Students must give at least 8-10 hours daily for each group of CMA exam for about 3 months to prepare well of the exam.

To clear CMA Foundation, Inter or Final exam in first attempt, candidates must strengthen their basics, cover syllabus, practice as much as possible, stay away from distraction, attempt full-length mock tests, use smart revision techniques and evaluate their progess weekly or monthly.

CMA exam is usually considered difficult to crack in one attempt. However, if a candidate is diligent with his/her preparation and practices mock exams, past papers and sample papers thoroughly before exam, their chances of passing the exam increases.

Candidates have to pay INR 25,000 as CMA Final course registration fee. ICMAI allows candidates to pay this amount in two installments as follows:

  • 1st Installement: INR 15,000 (at the time of registration)
  • 2nd Installment: INR 10,000 (before January 31 and July 31 for June and December term exams)

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